Premier League new-boys Leicester City are reportedly closing in on a deal for Argentine legend Esteban Cambiasso.

The midfielder is available on a free transfer this summer after his contract with Inter Milan expired and according to the Mirror, the Foxes are willing to offer the 33-year-old a whopping £5m over two years.

Cambiasso has already been linked with London pair Tottenham and West Ham this summer, but with both sides going cold on a deal, it could be Leicester who bring him to the Premier League.

And despite his advanced years, Cambiasso could prove a real coup for boss Nigel Pearson.

The former Real Madrid man has won the European Cup and has league titles in Argentina, Italy and Spain to his name as well.

Spanish side Valencia are also said to be keen on a deal, but reports suggest Cambiasso is sold on a move to England.